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Standard & Poor's : Le coût du défaut de la dette souveraine tunisienne s'élève à ...

Standard & Poor's : Le coût du défaut de la dette souveraine tunisienne s'élève à ...
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Vision 2030 to drive Saudi debt capital market: S&P


Vision 2030 to drive Saudi debt capital market: S&P
DUBAI, 29 days
ago
Saudi Arabia s debt capital market is set to grow and take on a larger role in financing Vision 2030, S&P Global Ratings said in a new report published.
To finance Vision 2030, Saudi Arabia s plan to transform and diversify its economy and grow the private sector, authorities aim to deepen their debt and equity markets to increase foreign direct investment. The strategy also entails investments by the government and its related entities as well as the private sector of about SR12 trillion ($3.2 trillion) by 2030.
  We think banks will continue to play an important role in financing Vision 2030, but foresee an increased role for the local capital market, said S&P Global Ratings credit analyst Timucin Engin in the report titled Vision 2030 Will Push Forward Saudi Arabia s Debt Capital Market. ....

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Islamic finance to see 12% growth in 2021-22: S&P


Islamic finance to see 12% growth in 2021-22: S&P
DUBAI, 2 hours, 10 minutes
ago
The global Islamic finance industry will grow by 10%-12% in 2021-2022 after slowing to 10.6% in 2020, said S&P Global Ratings in a new report, highlighting that the sector is on track to move toward sustainable growth.
The growth of Islamic banking assets in some GCC countries, Malaysia, and Turkey and sukuk issuances exceeding maturities explain this performance, according to the report titled “Islamic Finance 2021-2022: Toward Sustainable Growth”.
Islamic finance grew rapidly in 2020, albeit at a slower pace than in 2019, despite the double shock from the pandemic and the drop in the oil price, said S&P Global Ratings Head of Islamic Finance Mohamed Damak. ....

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